[Thematics are updated to keep the charts fresh. Make certain to check the date above to know when this was updated last]
Hope everyone’s having a great weekend!!! I have been thinking about Substack ‘best practices’ workflow (how to get you the most content VS signal to noise ratio) and by George I think i’m getting there!! Here’s what I am currently thinking…I have started to ‘template’ some articles that I call Semi-Live. To use this one (Magnificent 7) as an example these will all be thematic. I am building out template’s for all of our interests. Robots, Defense 2.0, Genomic/AiBio,Photonics/Memory/AI etc.
MAGS 8/15 Update looks ready to challenge ATH’s after wedge break out
AMZN - One of the best charts in tech right now, and a place to be.
8/8 Update - broke out and faded, but still bullish - This latest breakout and fade candle reminds me of the price action in the first circle, but price action in that second circle a possibility
8/15 See 8/8 comment - so far successful back-test of earlier breakout
AAPL Hit our earlier target and now bearish engulfing, but I don’t see a lot of downside at this time. They will likely buy this dip a little lower
8/8 Update - Due for sideways consolidation (?)
8/15 Update - that UTL below likely holds (?)
GOOGL ATH’s - On support but walking it down the channel overall….downtrend only negated on a close above channel
8/2 Update bounced where it needed to and setup to break out
8/8 Update - as with many stocks in this tape, broke out and faded….maybe a little more downside before resumption of uptrend - could retest the UTL below (not my base case)
8/15 Update 8/8 comment still in play - so far successful back-test of earlier breakout
MSFT (Teaching chart - See article called ‘ Interpreting my charts’ for more!’
8/2 Update bullish overall but currently at an earlier support level, now will be resistance till it’s not
8/8 Update - We cleared that earlier resistance (was prior support), and one of the stronger MAGS….dashed lines next challenge for bulls
8/15 Update - back-testing reclaim of earlier channel
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